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HDFC Bank#39;s mortgage book grew 18-20% incremently post merger, says senior executive

The lender additionally said its fundamental strategy has been to improve the turnaround time of processing at front end.

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An unconstitutional bond unravels in a big win for the right to information

Electoral Bonds: The Supreme Court ruling is a triumph of constitutional rights as the right to information and transparency trumped the bonds’ twin objectives (curbing the use of black money in elections and protecting the identities of parties in the…

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The electoral bonds#39; story: From Arun Jaitley convincing his secretary to the RBI#39;s issues

Subhash Chandra Garg, during whose tenure as the economic affairs secretary the electoral bonds scheme was notified, was initially apprehensive about it. However, he concluded that it helped in cleaning up cash financing of elections and “drastically reduced the contribution…

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Axis Bank shares fall 2% as Swamy moves court alleging Rs 5,100-crore scam

Subramanian Swamy has alleged that Axis Bank unlawfully gained by transacting in the shares of Max Life Insurance

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CEA Nageswaran says adaptation best insurance against climate change

Nageswaran was speaking at a workshop on climate finance jointly organised by the finance ministry#39;s department of economic affairs and the Asian Development Bank

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Mid-day Mood | Sensex, Nifty trim opening gains as RIL, banks see selling pressure

While the benchmark indices erased early gains, the broader market remained resilient. The market breadth also heavily titled in favour of gainers as two stocks rose for each one that fell.

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News

  • Apple Pay launches in India with Axis Bank as first card partner: Check where you can use it and how to make payments

    Apple Pay has launched in India with Axis Bank as its first card partner. Eligible Visa and Mastercard credit card users can make contactless payments through iPhone and Apple Watch at participating merchants, apps and websites.

  • Parents helped fund your home purchase? ITAT ruling shows why bank trail is crucial to avoid tax scrutiny

    Mumbai ITAT deleted a ₹55.20 lakh addition after finding that a jointly owned house had been funded by the taxpayer, his father and wife th The ruling highlights why homebuyers should maintain a clear document trail when family members contribute to a property purchase.

  • Gold, silver prices today, 30 September: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata

    Gold and silver prices today, 30 September: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.

  • How much term insurance do you need? Experts explain the right way to calculate your cover

    A 10–15 times income rule is only a starting point for term insurance. Experts explain how loans, children’s education, dependants, inflation, future goals and existing assets can change the cover you need.

  • 8th Pay Commission: OROP demand for central government civilian pensioners explained

    8th Pay Commission: The Commission is considering pension-related demands, including OROP for Level 1-18 civilian employees. Here is what notional fixation, pension parity and career progression could mean for central government pensioners.

  • ₹10 lakh to ₹1 crore: When does hiring an investment adviser make financial sense? Here's what experts recommend

    There is no fixed corpus at which investors need an investment adviser. Experts say ₹25 lakh to ₹50 lakh can be a practical range to consider professional advice, but financial complexity, tax planning, debt, family responsibilities and investment experience can matter more than wealth alone.

  • Life-cycle mutual funds vs DIY portfolio: Automate investing or manage it yourself for 30 years—what experts suggest

    Life-cycle mutual funds automatically adjust their asset allocation as a goal approaches, while a DIY portfolio lets investors decide how to divide their money across equity, debt and gold or silver ETFs. Experts explain how the two approaches differ and which one you should choose.

  • Bigger home, but at what cost? How cheaper suburban rent quietly eats into your money, precious time and peace of mind

    Suburban homes may offer more space for less, but hidden costs like commuting can diminish savings. It's vital to evaluate total living expenses and time lost when considering relocation. 

  • Top 5 hybrid mutual funds: Quant Multi Asset tops 10-year returns at 18%; check which schemes lagged

    Hybrid mutual funds span categories with different equity, debt and asset allocation strategies. Over 10 years, returns have varied sharply across these categories. Here’s a look at the funds that delivered the highest returns and those that were at the lower end of the list.

  • Do homebuyers lose claim to interest on delayed flat once you accept possession? Here's what Allahabad HC ruling states…

    Accepting possession of a delayed flat does not bar a homebuyer from claiming interest, according to the Allahabad High Court, which added that RERA rules do not specify a limit period on such payment. 

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